Zerodha
India's largest stockbroker by client base
4.6/ 5
Best for: Cost-conscious DIY investors who mainly buy-and-hold stocks or trade F&O occasionally.
Compare Zerodha with others →Broker review
TradeSmart review
Flat ₹15 Power Plan from a 30-year VNS Finance lineage
3.8/ 5App: 4.3/5
- Since 1994
- Delivery ₹15 per order (Power Plan)
- AMC Nil 1st year, then ₹300/year
Open an account with TradeSmartCompare TradeSmart →SEBI-registered discount broker (TradeSmartFintech Securities Ltd, ex-VNS Finance)
Reviewed by LetsInvest Research DeskUpdated 14 Sept 2026Pricing verified 14 Sept 2026How we test
Fees & pricing4.3
Trading platforms3.9
Customer support3.8
Research & education3.5
Ease of opening4.0
Overview
Discount broker from TradeSmartFintech (formerly VNS Finance, 1994) running two plans: flat-₹15 Power Plan across segments and a percentage Value Plan with research.
Best for: Active traders wanting sub-₹20 flat brokerage.
Pros & cons
What we like
- Flat ₹15 undercuts the ₹20 crowd
- Two plans: flat execution or percentage with research
- TradingView charts, API and algo strategies
Watch out for
- Official pricing page blocked automated verification
- Equity delivery not free unlike zero-delivery rivals
- Smaller base with thinner third-party coverage
Fees & charges
Account charges
- Account openingOne-time charge to open your demat + trading account. Many discount brokers have made this free.
- Free (equity/F&O/currency + CDSL demat)✓ Verified 14/9/2026
- Annual maintenance (AMC)Yearly demat maintenance, charged by the broker (separate from CDSL/NSDL custodian fees). Often free for the first year.
- Nil 1st year, then ₹300/yearConfirming
Equity
- Equity deliveryBrokerage when you buy shares and hold them overnight or longer. This is the charge long-term investors should minimise.
- ₹15 per order (Power Plan)Confirming
- IntradayBrokerage on same-day buy-sell trades. Percentage caps (e.g. 0.03%) protect small orders from the flat fee.
- ₹15 per order (Power Plan)Confirming
- DP charge (sell)Charged when shares leave your demat on a sell (delivery). Goes mostly to the depository, not the broker.
- ₹18.50 per sellConfirming
Derivatives (F&O)
- OptionsPer-order charge for options buying/selling. Excludes STT, exchange and SEBI charges, which apply equally everywhere.
- ₹15 per order (Power Plan)Confirming
- FuturesPer-order charge for futures trades. Same statutory extras as options apply on top.
- ₹15 per order (Power Plan)Confirming
Sources: official broker pricing pages. Figures marked “Confirming” are being re-verified — always confirm before trading.
What you can invest in
- Stocks (delivery)
- ✓ Yes
- Intraday
- ✓ Yes
- Futures & options
- ✓ Yes
- Mutual funds
- ✓ Yes
- IPOStocks, F&O, MF, IPO
- ✓ Yes
- US stocks
- —
- Trading APITradeSmart API + algo strategies
- ✓ Yes
Platforms & features
platforms
- Mobile app✓ · TradeSmart app (Android + iOS)
investing
- IPO investing✓ · Stocks, F&O, MF, IPO
trading
- Charting✓ · TradingView charts
- Trading API✓ · TradeSmart API + algo strategies
research
- Research & advisory—
support
- Customer support✓ · Phone + email support
Support & company
Customer support
Phone + email support
Company facts
- Founded
- 1994
- Regulation
- SEBI-registered discount broker (TradeSmartFintech Securities Ltd, ex-VNS Finance)
Compelling on price; confirm the live tariff on the official site before funding.
How to open a TradeSmart account
Start your application
Open the TradeSmart signup with your mobile number and email — it takes about 10 minutes.
Complete e-KYC
Verify with PAN, Aadhaar-based OTP, a live selfie and your bank proof (cancelled cheque or statement).
E-sign documents
Digitally sign the account-opening form and nomination details via Aadhaar e-sign.
Get your client ID
Activation usually takes 24–48 hours. Your login credentials arrive by email and SMS.
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How we research. Every fee on this site carries a source and a verification date. Data is re-checked against official broker pages; read our editorial methodology. LetsInvest is a research publication, not a financial adviser — see our terms.